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seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >> whow does taxing the rich hep the poor rise above poverty and get a job? let's talk to larry elder. he is the author of the great book, "dear father dear son". welcome back. how does taxing successful wealthy people help the poor get out of poverty. well for people who think like i think it doesn't make any sense. but understand something, that is not what this is all about. this is about squeezing the gap between the rich and the poor. if growth suffers, so be it. i mentioned this guy before. one of the biggest unions larry. he said in western europe, they may have higher unemployment but they have less inequality. this is what the agenda is all about. in a practical way, suppose you have a successful person. he or she want to build a house. to do that you might hire 15, 20, 25 people. you got a whole army of people who would go to work. but if you get taxed, you migh
involved in this industry who are making america the leader when it comes to world medical innovation, they're saying this is really going to put a crimp in what we're able to accomplish. now at the last minute, the 11th hours, you have 18 johnny come late live democrats, all of those who voted for the larger bill in obama care years ago are saying we have to get rid of this thing. >> there's a better one, igor. i know you're going to argue the other side but there's a better one. senator elizabeth warren may be the most left senator we have had in decades. she's become an anti-tax supply sider. you know why? there are over 400 medical device companies in massachusetts. 400 of them. and she, therefore, doesn't want to tax them one bit. now, my question to her and to you is why don't you apply the exact same logic, high taxes, job killers, to the rest of the economy, including obama care tax hikes and including fiscal cliff tax hikes. where's the largic of this position or is it just hypocritical sweetheart deal stuff? >> i don't agree it's a tax killer. the taxes are put into place that the
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